A long-stalled Campbelltown development site is back in play, with new plans for 139 apartments set to supersede a mixed-use scheme approved almost a decade ago but never built.

The new proposal for 28 Cordeaux Street would deliver 116 market and 23 affordable apartments in a part 14-storey building, bringing a substantial new project into a Campbelltown market where new apartment supply remains limited.

Plans have been filed over the 3,092 sqm corner site at Moore-Oxley Street, around 600 metres from Campbelltown Railway Station and the city-centre retail core.

The site already carries a mixed-use residential approval dating to 2016. Doroch Architects has now been engaged on a larger replacement scheme, which is progressing as a State Significant Development Application following a Housing Delivery Authority determination in August 2025.

The apartment mix comprises 39 one-bedroom, 72 two-bedroom and 28 three-bedroom residences. Two-bedroom apartments make up just over half of the project, while three-bedroom homes account for 20 per cent.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="136dd5b9-3791-4da6-9e31-76f533f5b4de" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da2.png?VersionId=LgOSy9nwf5u.MGswBBwaGGxuX8QpHSl_" />

Of the 139 apartments, 23 will be delivered as affordable housing under the in-fill affordable housing provisions of the Housing SEPP. The affordable component represents 15 per cent of the residential gross floor area and will be managed by a registered Community Housing Provider.

Doroch has sought to break the scale of the building into two distinct elements, with a masonry podium of around four storeys establishing the street edge before the residential tower steps back above.

The corner position has shaped that approach. Cordeaux Street faces toward the commercial and civic centre, while Moore-Oxley Street leads into the lower-scale residential neighbourhood to the south, and the design verification report describes the site as "bridging the commercial core to the north and established residential areas to the south."

The podium will be expressed predominantly in face brick, while the upper levels shift to brushed and grooved concrete cladding with darker metal detailing. Recessed sections, deep balcony edges and landscaping break down the upper form, with an approximately 11.8-metre setback to the northern boundary addressing the adjoining St Peters Anglican School.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="c8b3d2d3-c561-4bfc-a5d9-a68c0c10dac1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da1.png?VersionId=AeAEyJU02Gk2k5noUj2StziCvdQ7fW4B" />

Rather than concentrating landscaping in a single resident area, the plans integrate planting across the building. Mature trees at the Cordeaux Street corner will be retained, with communal landscaped open space proposed at ground and upper levels alongside deep-soil planting and increased tree canopy coverage.

The building will have two residential entries, one from each street frontage, feeding into a central core with three lifts. Vehicle access is consolidated separately, with the basement entry positioned at the lower part of the site.

Doroch's design report shows 101 of the 139 apartments, or 72.6 per cent, receiving more than two hours of solar access, while 84 apartments achieve natural cross-ventilation. Twenty-eight apartments will incorporate Liveable Housing Australia Silver-level provisions, and every habitable room is designed with a window in an external wall.

The 2016 approval it will replace has never been built, leaving the corner of Cordeaux and Moore-Oxley streets as one of the more prominent unrealised sites in a city centre now being pushed toward higher-density renewal.

Joel Robinson

First look: New 139-apartment plans revive long-stalled Campbelltown city centre site

First Look: Sherlock Construction pitches apartments for low-rise Deception Bay

Queensland builder-developer MAYD has revealed the first look at its major North Kirra beachfront development, lodging amended plans that reduce the number of apartments and increase the proportion of larger residences.

The project is planned across a substantial 4,742 sqm amalgamated site spanning seven lots at <a href="https://www.apartments.com.au/new-apartments/2-6-pacific-parade-bilinga-qld-4225">2-6 Pacific Parade</a> and 27-33 Golden Four Drive in Bilin​ga, directly opposite Nor​th Kirra Beach.

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD</a> secured the site for $32.5 million in 2025, in what was one of the Gold Coast's largest property transactions of the year.

The development will be delivered across two stages, with the first stage carrying an estimated gross realisation value of around $360 million.

The latest amendments seek to reduce the overall apartment count and shift the project further toward the owner-occupier market, with larger residences designed for buyers wanting considerably more space than traditionally offered in a beachfront apartment.

The residential mix will include townhomes, oversized two-bedroom apartments, substantial three-bedroom residences and four-bedroom homes.

MAYD has appointed Cera Stribley to lead the architecture and interiors, with the Melbourne-based design practice drawing on the beachfront setting through a series of ocean-facing terraces and heavily landscaped balconies.

Strong horizontal forms and curved balconies will define the exterior, with subtropical landscaping integrated throughout the building to soften the built form and increase the connection between the residences and the beachfront.

The project will also include an extensive collection of resident wellness and lifestyle facilities, continuing the broader shift across the Gold Coast's luxury apartment market toward larger homes supported by resort-style amenity.

<img alt="MAYD" data-entity-type="file" data-entity-uuid="d1bcbb05-e659-4b47-8bd4-1e595315e2ad" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%202.05.03%E2%80%AFPM.png?VersionId=jj0XEud1X1DuLt7_KyElhjMdZGOXmLHP" />

MAYD Founder Todd Mould said North Kirra was increasingly appealing to buyers attracted to the more established, lower-density character of the southern Gold Coast.

"North Kirra presents one of the most compelling luxury residential opportunities currently emerging in Australia, combining absolute beachfront with the character and authenticity that buyers are increasingly seeking, and the same sense of tight-knit community that defined Burleigh and Currumbin perhaps 10 or 15 years ago," Mould said.

"With Gold Coast Airport on its doorstep, it also offers a level of accessibility that broadens its appeal across almost every market demographic."

The project comes as the southern Gold Coast continues to attract an increasing share of high-end apartment development and buyer activity.

Kirra in particular has emerged as one of the region's more tightly held beachfront markets, with its relatively low-density character, established surf and hospitality scene and proximity to Gold Coast Airport differentiating it from the higher-density markets further north.

Mould said those characteristics had informed the approach MAYD and Cera Stribley had taken to the project.

"We've worked closely with Cera Stribley to create a vision that is deeply connected to its surroundings," he said.

"Inspired by the coastline itself, the architecture has been shaped around space, privacy and resort-style living, creating a collection of homes that reflects the next generation of luxury on the southern Gold Coast."

MOTIV Managing Director Carly Cottam, who has been appointed to market the project, said buyer attention had continued to move south along the Gold Coast.

"Purchasers who may once have defaulted to Broadbeach, Main Beach or Surfers Paradise are increasingly recognising the value of a genuine beachfront location that offers lower density, strong amenity and a more established sense of community," Cottam said.

"Kirra has a powerful combination of growing demand and genuine scarcity. Beachfront supply is inherently constrained, the area remains relatively low density, and buyers are increasingly placing a premium on locations that feel established, uncrowded and authentic rather than heavily developed."

Cottam said the proximity to Gold Coast Airport was also proving increasingly important for interstate and second-home buyers.

"Being minutes from Gold Coast Airport makes it particularly compelling for interstate buyers, frequent travellers and second-home purchasers who can access an authentic coastal lifestyle almost immediately after stepping off a flight."

The acquisition takes MAYD's active development portfolio to more than $500 million, with the North Kirra project representing one of its largest undertakings to date.

MAYD is targeting an early 2027 launch.

First look at MAYD's North Kirra mixed-use precinct

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Castle Hill, the longtime hub of the Hills District, has been one of the major beneficiaries of Sydney's Metro expansion, with improved connectivity helping drive continued population growth, development and buyer demand across the Hills District.

But despite that growth, the suburb has seen relatively few major new apartment projects brought to market over the past 18 months.

Hills District developer Reve Group is looking to fill that gap with <a href="https://www.apartments.com.au/new-apartments/nova-r-ve-castle-hill-2-garthowen-crescent-castle-hill-nsw-2154">Nova Rêve</a>, a major new mixed-use precinct on the corner of Garthowen Crescent and Old Castle Hill Road, a short walk from Castle Hill Metro Station and Castle Towers.

[smartcode_project:default project_id=152737 project_image_fid=377679]

The project will comprise three residential towers alongside a hotel, restaurants, cafes and a skybar, more than 1,600 sqm of ground-floor retail and almost an acre of landscaped gardens.

It represents the largest project undertaken by Reve Group, the development arm of the Kassis family, which has been building across the Hills District for more than 30 years through Kassis Homes.

[smartcode_project:default project_id=152737 project_image_fid=377675]

Nova Rêve also represents a significant step up from the family's first apartment development, Grand Rêve, which was delivered nearby on Garthowen Crescent.

Grand Rêve introduced larger, house-like apartment layouts and premium inclusions including Wolf and Sub-Zero appliances to the Castle Hill market.

Nova Rêve takes that approach to a precinct scale, combining the residential component with hospitality, retail and substantial public and resident landscaping.

[smartcode_project:default project_id=152737 project_image_fid=377685]

Reve Group Managing Director Sam Kassis said the project reflected the family's three decades of building in the Hills, which has evolved from trophy homes on quarter-acre blocks to larger-scale apartment development.

"Grand Rêve was our first apartment project here and it showed us what this pocket of Castle Hill could be. Nova Rêve is the refinement of that idea: not just apartments, but a place the whole suburb can use," Kassis said.

A key part of that approach is the hotel, which has been designed to operate as an amenity for the wider Castle Hill community rather than solely hotel guests.

It will include restaurants, cafes, skybars and all-day dining, alongside conference and event facilities catering to business functions, community groups and private events.

At ground level, more than 1,600 sqm of shops and cafes will open onto the surrounding streets and landscaped areas.

Almost an acre of gardens designed by Land and Form Studios will run through the precinct, incorporating pathways, seating, barbecue areas and children's play spaces.

[smartcode_project:default project_id=152737 project_image_fid=377680]

Reve Group's Romio Georges said creating an active ground plane had been central to the planning of Nova Rêve.

"There are gardens with pathways, barbecues, seating and play areas, shops and cafes opening onto the street, and a hotel with restaurants and a skybar that anyone in Castle Hill can walk into," Georges said.

The project's elevated position on one of Sydney's highest ridgelines will also provide apartments with outlooks toward the Sydney skyline, surrounding parkland and the Blue Mountains.

More than 80 per cent of the apartments will occupy corner positions, with Turner responsible for both the architecture and interiors.

&nbsp;

[smartcode_project_cta:default project_id=152737]

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Nova Rêve arrives as Reve Group bets on Castle Hill's next growth phase

A collection of just 25 large-format apartments and penthouses overlooking Goodwin Park is entering the Coolangatta market, with <a href="https://www.apartments.com.au/new-apartments/marea-residences-coolangatta-27-27a-dixon-street-coolangatta-qld-4225">Maréa Residences</a> combining a low-density, residential-only approach with uninterrupted park and Pacific Ocean outlooks.

Located at 27 Dixon Street, Maréa comprises three and four-bedroom residences alongside a limited number of dual-level penthouses, with the project positioned between Goodwin Park and <a href="https://www.apartments.com.au/developments/coolangatta-qld-4225">Coolangatta</a>’s coastal precinct.

Construction has commenced, with completion currently estimated for late 2027. Three-bedroom residences are priced from $1.8 million.

[smartcode_project:default project_id=150999 project_image_fid=374005]

The project has been designed around its northern outlook across the park, with the building’s architecture, landscaping and material palette intended to establish a connection with the neighbouring green space. The residences have been configured to maximise natural light and views across Goodwin Park towards the ocean.

Inside, the material palette incorporates timber, stone and brushed brass, complemented by curved detailing and ambient lighting. Kitchens and bathrooms carry the same natural material approach, while residences also include basement parking, storage and lift access.

Maréa’s penthouses are arranged over two levels and include private pools, adding another layer to the project’s focus on larger-format apartment living. Across the development, residences are configured with three or four bedrooms rather than the broader mix of smaller apartment types commonly found in larger projects.

[smartcode_project:default project_id=150999 project_image_fid=374010]

Resident amenity is concentrated at rooftop level, where landscaped entertaining terraces and pools take advantage of elevated views across Coolangatta and the Pacific Ocean.

The project has so far been particularly well received by local owner-occupiers and downsizers, according to Urban Activation Property Sales and Marketing Director Matt George, with the residential-only format, construction quality and northern park outlook among the features resonating with purchasers.

“The uninterrupted northern aspect overlooking Goodwin Park has been a key point of difference, with buyers attracted to the sense of serenity and open space the park provides, while still enjoying easy access to the ocean and being within walking distance of the lifestyle and amenities Coolangatta has to offer,” George said.

[smartcode_project:default project_id=150999 project_image_fid=374002]

“The combination of high-quality construction, a residential-only building, park outlook and proximity to the beach has resonated strongly with the local downsizer market.”

The Dixon Street address is within walking distance of Coolangatta Beach and the broader southern Gold Coast coastline, including the surf breaks at Snapper Rocks and Kirra. Coolangatta’s cafés, restaurants and retail are nearby, while Gold Coast Airport is also within close proximity.

[smartcode_project_cta:default project_id=150999]

Maréa Residences brings parkside apartments to Coolangatta

New Farm

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<div>Matt Lancashire's New Farm Ray White office is sitting in the number 1 spot within Queensland of the estate agency network.</div>
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<div>"It was a proud moment for our New Farm office this month with our chairman Brian White calling to inform us that Ray White New Farm has taken the number 1 spot," Lancashire advised.</div>
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<div>"This is a huge accomplishment for us as the top spot hasn't been challenged for 25 years," he added, without mentioning it was Surfers Paradise that was set possibly to lose its crown.</div>
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<div>It is an interim advisory for the fiscal year to date, as at April 30.
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<div class="x_gmail_default">The awards recognition for national and international ranking won't be disclosed until the end of the financial year.</div>
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<div class="x_gmail_default">Ray White Double Bay is still at the top of the leaderboard nationally. </div>
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<div>The New Farm office has recorded over $60 million in sales for the month of May.</div>
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<div>"All sectors of the market are transacting from $350,000 apartments to our highest sale over $5 million," he said.</div>
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<div>His latest listings include Silverwells, is one of Brisbane’s most significant homes.</div>
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<div>"Few properties in the city’s history rival this contemporary heritage landmark which is spectacularly located between the Story Bridge and riverfront gardens," he said.</div>
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<div>The Brisbane agent, a family man and dad of three, has held Brisbane's residential house price record three out of the past four years.</div>
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He sold Brisbane's most expensive property for $18.48 million in 2016. 
Lancashire has said the new world of technology has been a "game changer" for his business, as well as real estate in general.
"Digital with social media has been a huge game changer where we can now target purchasers anywhere around the world," Lancashire says.
"Any state, and suburb, professions, age, demographics, locations, it's actually been such a big game changer for my business and also for real estate."
Lancashire takes anyone who follows him on Instagram through some of Brisbane's finest homes.
"Nothing beats selling a property for a client for a record price," he says.
Lancashire's move to real estate came in 2006 when he landed his first job with agent cum auctioneer Heasley Cush, who helps run the New Farm office.
He believes his apprenticeship as an electrician helps gives him an edge.
"I was a sparky but a very bad one!" he recalled to The Australian last year.
"One of the things I have on some of my competitors is that I have a thorough understanding of how construction works," he said.
"It's definitely a skill set which sometimes you can't learn unless you have been in the industry yourself."
Lancashire says his principals are simple, to get the best possible price for his vendor.
"I do have a reputation, especially in the high end of being the agent to sell with and not to buy through and that's something I take very seriously and I think about it every day."
He says there's only the one thing he would change about real estate.
It's about how easily agent licences can be obtained.
"I believe they give away licences way too easily, hence why real estate agents have a really bad name," the Ray White New Farm principal believes.
"You can get your real estate licence in three days and do it by correspondence in Queensland.
"I don't think that's the way it should be, I think they should regulate who comes into the industry and should do more testing around it because when dealing with one's most valuable asset it's looked over too easily.
"I believe that realestate agents do have that bad name because there are cowboys in the market."
The Ray White network has been asked to confirm the baton change details from Double Bay to New Farm.
 
 
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Matt Lancashire's New Farm Ray White office takes the state's number 1 spot 

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Smithfield Property has purchased a mixed-use gem with multiple value add options for $3.9 million in Brisbane’s New Farm.
The property, at <a href="https://ecomms.raywhite.com/collect/click.aspx?u=jRYOrR8N39R+6hBQZ7yXMtZbL8K1IrWjVUh45Aq1JPvZgRKLiO1yIdaTuGmyPY7RBzTjk87oMXyuFthyeL5QE+aqhgjQE5jC4s771CGlAYIY1lj9REGYQGs6KxnEZLDH2o6oAsmKn60=&amp;rh=ff005a1ef76267a9fd1d1906694490ebed71f6fc" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">599 Brunswick Street</a>, offered a diversified income stream with a complimentary mix of retail, office and 16-room boarding house. It was partially tenanted with half of the ground floor retail vacant and a short WALE of 1.05. The property was sold by Ray White Commercial (QLD) Retail Investment Sales Michael Feltoe. “The property had some unique features that really divided buyers into two camps. There were three easements and council requirements that significantly restricted development upside of the car parking land," Mr Feltoe said.
“The buyer acquired the asset on an eight per cent yield that reflected the long-term vacancy, overall short-term income security, and the amount of work required to bring the property up to standard. In the last two years, the property had been formally on the market for sale twice with two other agencies, and had been under contract and fallen over a few times in some off-market processes by other agencies. “Instead of doing the same thing again and expecting a different result, we recommended marketing the asset for sale via auction which generated a huge amount of enquiry (147).
“Smithfield Property were the perfect buyer due to both their track record with properties that need creative solutions and their requirement to relocate their office into the vacancy." 
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Smithfield Property pays $3.9 million for New Farm value asset

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A Brisbane riverfront development site, which has been earmarked for a multi-million dollar exclusive luxury apartment project, has been secured by local developer and builder Tom Dooley.
The deal to secure the 2333 square metre block across three blocks on Maxwell St, New Farm, is now unconditional and is expected to settle on December 2.
Dooley is believed to have paid around $23 million for the site which currently homes an original three level Tudor style property which is currently split in to eight units (pictured below).
Dooley said the 1930s building will be retained and its original architecture brought back to life.
"This in itself will be a special project", Dooley said. There had been an application refused in 2012 to demolish the building.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/11/25/42%20Maxwell%20Street%20New%20Farm%20Dooley.jpg" alt="">
Dooley, who runs Tom Dooley Developments, said he couldn’t pass up the opportunity to buy the site as it was the "best parcel of land he had ever seen in New Farm". 
“It is the largest privately owned single-line land holding with medium density residential zoning and views to the Story Bridge and city,” Dooley told the local paper.
“I have been on the lookout for something of this calibre in New Farm since we finished our Pietra development in Moray Street in 2012.
Tom Dooley Developments have completed five riverfront developments in this area.
"Compromising on location and views was not something we would consider.”
Dooley said demand for large riverfront apartments was on the rise and this project would meet those needs.
“We are just finalising details but each of the apartments will have three to four bedrooms, plus multi-purpose rooms and studies. The smallest will be 201 square metres while the largest will be a massive 785 square metres.
“For the type of product, we build - large luxury apartments with high end finishes - it is absolutely essential we get the right site and now we have.
“The land is in a prime position with views of the Story Bridge, the reinvigorated Howard Smith Wharves, the city, and Kangaroo Point and south towards Woolloongabba.”
The property has direct riverfront access with its own pontoon and is close to the River Walk, providing easy access to the Brisbane CBD.
“Combine the perfect location with the right design and a quality build, which we achieve by building for ourselves, and you end up with a fantastic result.”
The property, which had more than 20 metres of frontage to the Brisbane River, came with a development approval in place for a total of 18 units, although Dooley says he will seek to make some changes to the approval.
“I’ve engaged Brisbane architect, Shane Plazibat, who has designed all of our previous riverfront developments to carry out the redesign and introduce the design elements our projects are known for.
“What we are proposing is 15 apartments over seven levels stepping up the riverbank with a river house on the lowest level taking full advantage of the riverfront aspect, and at the top, an exquisite penthouse offering the ultimate luxury Queensland lifestyle.
Each of the apartments will have riverfront views.
Pricing has not been finalised yet, but is expected to range between $2.9 million and $12 million.
Completion is expected in 2021.
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Tom Dooley secures New Farm, Brisbane riverfront development site

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Construction has commenced at QM Properties' luxury riverside project, Anthology New Farm, following $19 million in sales.
It includes the sale of all three penthouses, with the highest priced selling for $1.88 million.  
QM Properties has appointed McNab Constructions to build the Rothelowman designed building.
Located on tree-lined Moray Street, the building is expected to be complete by late 2020.
QM Properties Development Manager Glenn Rix said Anthology, which is six residential levels plus roof top facilities, comprises just 26 residences.
It is the first medium rise project to commence construction in New Farm this year.  
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/10/30/Anthology_Interior_Penthouse_Living_R005.jpg" alt="">
"Anthology has appealed to owner occupiers looking to live in a boutique building in one of the most sought-after suburbs in Brisbane," Rix said.
"To achieve over 60% pre-sales before commencing construction is an excellent result."
Rix said QM has partnered with McNab Constructions because the company has an enviable reputation for delivery of high quality product across multiple market segments. 
A mix of three bedroom apartments remain for sale from $1,125,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/10/30/Anthology_pool.jpg" alt=""> 
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Anthology New Farm commences construction with $19 million in sales

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<div>The Oxlade continues its sales record with this custom designed riverfront residence selling for another benchmark price.</div>
Luxurious without compromising functionality and with uninterrupted river and park views from its terrace, this courtyard residence at The Oxlade is perfectly poised to embrace all that riverfront living has to offer.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/10/30/new%20farm%202.jpg" alt="">
Featuring its own private entry foyer, customised kitchen with Gaggeneau appliances, substantial multi-faceted living and entertaining spaces that open seamlessly onto an expansive terrace with outdoor kitchen, plunge pool and generous three car private garage with storage.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/10/30/new%20farm%203.jpg" alt="">
It was designed by award winning architects bureau^probert.
The home is positioned within the lifestyle precinct of James Street and the newly developed Howard Smith Wharfs.
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Custom New Farm river terrace in The Oxlade sold

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The Ripples, a tightly held New Farm waterfront, has been listed for sale.
One of the best examples of Spanish Mission-style architecture along the Brisbane River, the Griffth Street mansion was design in 1928 by E.P. Trewern.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/10/29/new%20farm%202%201.jpg" alt="">
It sits on 740 square metres that was originally part of Sir Samuel Griffith's Merthyr estate.
The four bedroom home with terracotta roof tiles, decorative rendered gables, ornamental metalwork and geometric leadlight windows has a rare private pontoon on the water.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/10/29/new%20farm%203%201.jpg" alt="">
Ray White New Farm agents Matt Lancashire and Nicholas Given have expression of interest until November 15.
The Mills family paid $1,005,000 two decades ago.
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Spanish Mission-style New Farm waterfront trophy home The Ripples listed

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In the recent property market dip, house values in Brisbane's leafy suburb of New Farm have seen a slight downturn, but remained relatively stable.
Units, however, have been experiencing a sharp drop in value since since the middle of last year.
Between 2009 and the present day, the median value of houses in the suburb has increased from $875,000 to $1622,500 - A jump of $747500.
Houses reached their peak value in mid-2016, with a median of $1.825 million.
<img src="https://www.urban.com.au/images/2019/10/14/Screen%20Shot%202019-10-14%20at%204.10.48%20pm.png" alt=""> 
Meanwhile, in that same timeframe the median price of units has seen a less dramatic, but still substantial, increase from $440,000 to $555,000 - A jump of $115,000.
Units reached their peak value in mid-2018, with a median value of of 620,000.
 <img src="https://www.urban.com.au/images/2019/10/14/Screen%20Shot%202019-10-14%20at%204.10.56%20pm.png" alt="">
The suburb is often referred to as Brisbane's "Little Italy", as many immigrants from Italian descent first settled in the suburb.
It is also known for its numerous heritage listed houses, including the famous "Amity" at
Part of the 2008 movie Fool's Gold, starring Kate Hudson, was shot at New Farm Park.
To learn all you need to know about New Farm, from median asking rents to household composition, click here.
As a landlord it is important to check the asking rent trend regularly to ensure you are getting the most value out of your investment.
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How is Brisbane's "little Italy" faring in the current market?

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Former McGrath New Farm agent Henry Hodge has set up his own shop, in the same suburb. 
He's opened his own office, Henry Hodge Real Estate, based in New Farm, and has taken fellow former McGrath colleague Kosta Porfyriou with him.
Hodge spent three years at McGrath from late 2016 as a sales agent.
During his time at McGrath he achieved the highest auction sale in Brisbane at the time.
That came last year when Riverview, a grand Teneriffe home, sold for $4.405 million.
Hodge and Porfyriou, who had been at McGrath for a few months longer than Hodge, have brought five listings over from McGrath.
The most recent is Koowa, the luxury Teneriffe home that Hodge sold for $3.8 million last December when at McGrath.
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Henry Hodge departs McGrath 

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Property industry veteran Marina Vit is selling her contemporary New Farm townhouse.
Vit, who is the chief operating officer at Mosaic Property Group, paid $1.85 million for the newly built BVN Architect-designed terrace in 2009.
The home in The Ivy development of seven has four bedrooms and a swimming pool.
The entire top floor is dedicated solely to the master suite with walk-in-robe, marble ensuite and private deck.
Each of the three levels are accessed by a private internal lift. 
Belle Property New Farm agent Ivo Kornel has the listing. 
Vit stepped down as the chief executive at the Urban Development of Institute Australia Queensland last year having spent five years in the role.
This article was first published in the Weekend Australian. 
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Property industry veteran Marina Vit lists New Farm townhouse

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A dress circle apartment in the Aquila block on New Farm's near waterfront has hit the market.
The 265 sqm Moray Street apartment spanning the whole top floor is one of just 10 in the exclusive block that was completed a decade ago.
The unit features a blend of marble, stone and timbers.
The master suite is separated from the other two bedrooms, while the kitchen and living space opens to the outdoor entertaining terrace with uninterrupted views of the Story Bridge.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/3/7/new%20farm%201.jpg" alt="">
Hutton &amp; Hutton agents Peter Hutton and Angelo Zardo have a guide of $3 million to $3.2 million for the apartment that last traded for $2.55 million in 2013.
The highest price came last year when Lynnly Chalk, wife of psychiatrist John Chalk, spent $6.5 million on a 330 sqm unit, an apartment record for New Farm.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/3/7/new%20farm%203.jpg" alt="">
It topped the previous $6.2 million, also set in Aquila, from 2009 when former rugby league legend Rodney Morris, who later became a successful franchisee of McDonalds, and wife Robyn, bought into the block on its completion.
With views of the Story Bridge, the block was undertaken by Tom Dooley with its design by Plazibat + Jemmott.
This article was first published in the Weekend Australian.
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